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2095 Las Palmas Dr., San Benito, TX 78576

San Benito
Local realty services provided by:CENTURY 21 Johnston Company
2095 Las Palmas Dr.,San Benito, TX 78576
$1,975,000
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  • - Beds
  • - Baths
  • 23,816 sq. ft.
  • Multi-family
  • Active
Listed by: joseph boone tyson
Office: tnt real estate
MLS#:29765534
Source:TX_RGV

Price summary

  • Price:$1,975,000
  • Price per sq. ft.:$82.93

About this home

Prime 36-Unit Apartment Complex. Strong Income & Value-Add Potential. Multifamily investment opportunity. This 36-unit apartment complex features a mix of 34 two-bedroom units and 2 one-bedroom units, offering a solid foundation of stable rental income with room for upside through continued renovations and management efficiencies. Units feature semi-updated interiors. All electrical is individually metered, providing utility cost transparency for tenants, while water is serviced by two master meters. Key property features include: On-site laundry facilities for additional revenue, ample parking, office space (may be convertible into additional units or other income-generating use), and strategic location. The complex enjoys strong occupancy and presents a clear opportunity to increase NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.

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Home facts

  • Year built:1994
  • Listing ID #:29765534
  • Added:331 day(s) ago
  • Updated:April 25, 2026 at 02:32 PM

Rooms and interior

  • Flooring:Carpet
  • Kitchen Description:Refrigerator
  • Living area:23,816 sq. ft.

Heating and cooling

  • Cooling:Central, Electric

Structure and exterior

  • Year built:1994
  • Building area:23,816 sq. ft.
  • Lot area:1.2 Acres
  • Construction Materials:Brick, Wood Siding
  • Exterior Features:Deck/Balcony/Porch
  • Foundation Description:Slab
  • Levels:2 Stories

Schools

  • High school:SAN BENITO
  • Middle school:CABAZA
  • Elementary school:FRED BOOTH

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,975,000
  • Price per sq. ft.:$82.93

Parking

  • Parking description:One Car Garage

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